SUSTG.com / Research

Discover stories, topics, and more about Saudi Arebia faster.

Recent stories from sustg

  • Saudi Arabia: Car Manufacturer?
     

    A new report states that Saudi Arabia is in negotiations with Jaguar Land Rover for a production line in Yanbu, an industrial city, following an initial agreement signed last year. The National reports that the Indian-owned company “can count on Saudi government investment of close to US$1 billion and some of the world’s cheapest aluminium. […]

     
  • Saudi Aramco to open 3 research centers in the United States
     

    Saudi Aramco announced the opening of three research centers in the United States at the Offshore Technology Conference in Houston today, according to a report in Rigzone. The three new centers in the United States will “join a worldwide network of research centers established by Saudi Aramco to leverage scientific expertise and further complement the cutting-edge […]

     
  • Save the Date for the 2013 U.S.-Saudi Business Opportunities Forum in Los Angeles, California
     

    The 2013 US-Saudi Business Opportunities Forum, to be held in Los Angeles, California at the JW Marriott L.A. Live on September 16-18, is the third in a series of extraordinarily successful gatherings featuring top American and Saudi government and private sector leaders and providing an ideal platform for building new and lasting business ties. Please visit www.us-saudiforum.com to register your interest.

     
  • Saudi Aramco showcases advanced technology at OTC
     

    The Offshore Technology Conference in Houston is a major event that brings together energy companies from around the world. OTC is billed by organizers as “the world’s foremost event for the development of offshore resources in the fields of drilling, exploration, production, and environmental protection.” OTC was founded in 1969 and is held annually at the […]

     
  • Are U.S. Companies Missing Out on a Saudi Nuclear Bonanza?
     

    The recently-completed Saudi Sustainable Energy Symposium at the Ritz Carlton Riyadh brought high-level officials and companies together to discuss “a common understanding between all stakeholders” concerning the development of the Kingdom of Saudi Arabia’s sustainable energy program, of which nuclear energy is a big part. The event was hosted by the King Abdullah Center for […]

     
  • Royal Decree May Ease a ‘$67B Housing Logjam’ in Saudi Arabia, Reuters Reports
     

    Reuters is reporting that last week’s Royal Decree to tackle Saudi Arabia’s housing program has removed “an obstacle to a $67 billion program to ease the country’s housing shortage,” which “may push the program forward by opening up thousands of acres of state-owned land for construction.”

     
  • Defense Secretary Hagel in Riyadh, Greeted by Saud al-Faisal and Amb James Smith
     

    SUSRIS reports that US Defense Secretary Chuck Hagel arrived in Riyadh on Monday.

     
  • Saudi Arabia to Shift Weekend to Friday Start
     

    Pending approval from the Council of Ministers, Saudi Arabia could soon join its GCC neighbors in establishing a Friday-Saturday weekend.  Oman will officially shift its weekend beginning this May leaving only Saudi Arabia to make the transition. The current Thursday-Friday weekend has long been considered a drag on the Saudi economy and the Ministry of […]

     
  • Suspect Journalism: The New York Post’s Shoddy Saudi Student Reporting
     

    A Saudi student studying in the United States on the King Abdullah Scholarship Program was injured in the Boston Marathon bombing on Monday. The student was one of at least two Saudi nationals hospitalized as a result of the attack. One of the victim’s friends told Al Arabiya that an amputation was almost required but […]

     
  • Saudi Arabia Sees Limited Impact from US Shale Oil While SABIC Eyes Gas
     

    According to this report by Summer Said in the Wall Street Journal, a close advisor of Saudi Arabia’s Minster of Petroleum and Natural Resources Ali Al Naimi said that the production of oil from shale will be “too limited and costly” to make a significant impact on the interests of exporters, but that the so-called […]

     

MUST-READS

  • Saudi minister attends G20 tourism meeting in India 

    Saudi Arabia’s tourism minister has taken part in the G20 Tourism Ministerial Meeting in Goa, India. Ahmed Al-Khateeb told the meeting that the Kingdom supported India’s “Goa Tourism Plan” to sustainably grow tourism industries. He said the plan was consistent with the Kingdom’s tourism strategy, the Saudi Press Agency reported.

  • Bahrain’s Mumtalakat extends McLaren group stake in purchase from Saudi Arabia’s Public Investment Fund (PIF) and Ares Management

    Bahrain's state investment fund Mumtalakat said on Thursday it has bought the senior preference shareholder stakes in McLaren Group, as part of a proposed broader restructuring. The move will expand Mumtalakat's majority stake in McLaren, which includes the British supercar maker and McLaren Racing.

  • As Biden, Modi meet, GE clinches India jet deal

    Biden is rolling out the red carpet for Modi, treating him to a colorful White House South Lawn arrival ceremony on Thursday morning followed by Oval Office talks and a glittering state dinner in the evening. The two leaders held a private, intimate dinner at the White House on Wednesday night.

  • US Senate panel invites PGA Tour commissioner, LIV CEO to testify on merger

    A U.S. Senate panel on Wednesday invited PGA Tour Commissioner Jay Monahan, Saudi Arabia's Public Investment Fund Governor Yasir Al-Rumayyan and LIV Golf CEO Greg Norman to testify at a July 11 hearing. Democratic U.S. Senator Richard Blumenthal, who chairs the Permanent Subcommittee on Investigations, and the panel's top Republican Ron Johnson invited them to appear.

  • The Long Game: Saudi Arabia and Professional Golf

    The upshot will be unprecedented in the typically staid world of golfing. Every monetizable implication of the PGA Tour’s gargantuan operations, from signing media deals and licensing video games to drawing tournament revenues and running players clubs, will generate profit for the two entities in charge of Newco—the PGA Tour and the PIF. The Saudis are not buying a golf tour, or even a golfer; they are capitalizing the game into a new commercial form.

  • Michael Boxall: Soccer match between New Zealand and Qatar abandoned at halftime amid racial abuse allegations

    Two soccer federations are at loggerheads after a match between New Zealand and Qatar was abandoned at halftime on Monday, with both disputing the events preceding the game’s abrupt end. The New Zealand team refused to take to the pitch after halftime in protest at an alleged racial slur made towards defender Michael Boxall, saying that no action was taken. “Michael Boxall was racially abused during the first half of the game by a Qatari player,” New Zealand Football said in a statement on social media shortly after the abandonment. “No official action was taken so the team have agreed not to come out for the second half of the match.”

  • PGA Tour meets with players to discuss deal with Saudi PIF

    Facing lingering skepticism over their controversial deal with a Saudi wealth fund, PGA Tour officials met with a disgruntled membership Tuesday night in hopes of quelling player discontent over an alliance that aims to turn rival golf ventures into business partners. Tour members attended a players’ meeting in Cromwell, Conn., the site of this week’s Travelers Championship, and were given a presentation that sought to address concerns about the agreement and laid out details that hadn’t previously been publicized or fully explained, according to a person familiar with the meeting.

  • Saudi Space Agency meets Airbus to discuss collaboration opportunities

    In a bid to enhance future cooperation, the Saudi Space Agency Vice Chairman Mohammed Saud Al-Tamimi and Airbus’ head of Aerospace Jean-Marc Nasr met on Tuesday to discuss ways to collaborate, reported the Saudi Press Agency. The meeting, which took place on the sidelines of the 54th edition of the Paris Air Show, addressed potential ways to develop the space sector and invest in upcoming joint projects. Al-Tamimi and Nasr aim to realize shared objectives in the economic and strategic fields related to space and its technologies. Two Saudi astronauts, Ali Al-Qarni and Rayana Barnawi, recently completed a mission to the International Space Station, marking the country’s rapid advancement in this field. Barnawi was the first Arab and Muslim female astronaut to orbit Earth.

  • ‘Things will just have to be accepted as tense’: Saudi-Iran ties have a long way to go despite rapprochement efforts

    Saudi Arabia’s foreign minister made a high-profile visit to Tehran over the weekend, drawing coverage and praise about the improvement in relations between Iran and Saudi Arabia, two longtime foes. “Mutual respect, non-interference in the two countries’ internal affairs and commitment to the United Nations Charter” will be at the core of bilateral relations from now on, Prince Faisal bin Farhan Al Saud, Saudi Arabia’s top diplomat, said at a news conference during the visit.

  • Arab Youth Survey 2023: Six in 10 support US ‘disengagement’ from region

    A third of young Arabs believe the US wields the most influence in the region, with a majority wanting this to change. The US was viewed as the country holding the most sway in the Arab world (33 per cent), ahead of the UAE (11 per cent), Saudi Arabia and Israel (both 10 per cent) and Russia (8 per cent), by respondents to the Arab Youth Survey 2023. Sixty-one per cent of those polled said they “strongly or somewhat support” US disengagement from Middle Eastern affairs. However, 66 per cent also said they expected the US to be a stronger ally than Russia over the next five years, while 62 per cent said the US would be a stronger ally than China.